$ACT up 23%, open interest up 10%
This is a steady leveraged position build driving the rise, not spot buying. Over 2.5 hours, open interest grew from $5.38 million to $5.94 million, up 10.4%, while the number of tokens in open interest rose from 465 million to 507 million. Price and volume are rising together—bulls are genuinely adding positions. The funding rate has stayed pinned to the 0.005% floor for eight intervals; the latest reading of 0.0037% is even lower, so there’s no fuel for a short squeeze.
Circulating market cap: $11 million. OI/circulating market cap: 54%—more than half the circulating supply is tied up in open positions, indicating heavy leverage. Turnover was 2.75x, with $30.3 million in volume. The 08:00 hourly candle recorded 570 million in volume, 2.6 times the previous candle; volume then fell back to 240 million.
Support: 0.01130. Resistance: 0.01192. Invalidation condition: a 15-minute close below 0.01130, with open interest falling back under $5.5 million.
ACT is showing a combination of “leveraged position building + near-zero funding + fading volume”—better to wait for a pullback.
Can 0.01192 still be broken?
#山寨 #Alpha
This is a steady leveraged position build driving the rise, not spot buying. Over 2.5 hours, open interest grew from $5.38 million to $5.94 million, up 10.4%, while the number of tokens in open interest rose from 465 million to 507 million. Price and volume are rising together—bulls are genuinely adding positions. The funding rate has stayed pinned to the 0.005% floor for eight intervals; the latest reading of 0.0037% is even lower, so there’s no fuel for a short squeeze.
Circulating market cap: $11 million. OI/circulating market cap: 54%—more than half the circulating supply is tied up in open positions, indicating heavy leverage. Turnover was 2.75x, with $30.3 million in volume. The 08:00 hourly candle recorded 570 million in volume, 2.6 times the previous candle; volume then fell back to 240 million.
Support: 0.01130. Resistance: 0.01192. Invalidation condition: a 15-minute close below 0.01130, with open interest falling back under $5.5 million.
ACT is showing a combination of “leveraged position building + near-zero funding + fading volume”—better to wait for a pullback.
Can 0.01192 still be broken?
#山寨 #Alpha